Igcse business exam - Study guides, Class notes & Summaries

EDEXCEL IGCSE Business Studies Exam with Questions & Correct AnswersEDEXCEL IGCSE Business Studies Exam with Questions & Correct AnswersEDEXCEL IGCSE Business Studies Exam with Questions & Correct AnswersEDEXCEL IGCSE Business Studies Exam with Questions & Correct AnswersEDEXCEL IGCSE Business Studies Exam with Questions & Correct AnswersEDEXCEL IGCSE Business Studies Exam with Questions & Correct AnswersEDEXCEL IGCSE Business Studies Exam with Questions & Correct AnswersEDEXCEL IGCSE Business S...

this document contains full answers to all of the exam-style questions of the business book of Karren Borrington for the IGCSE level. All the answers are based on the pattern of the Cambridge examination and can help you assist the right way to formulate your answers

IGCSE Business Exam Studyguide Latest Update...

A Need - Answer A good or service essential for living. A want - Answer A good or service that people would like to have, but which is not essential for living. Economic problem - Answer Unlimited wants but limited resources - this creates scarcity. Scarcity - Answer Lack of sufficient products to satisfy total wants of population. Opportunity Costs - Answer The next best item given up by choosing another. Factors of production - Answer Resources needed to produce good...

EDEXCEL IGCSE BUSINESS STUDIES EXAM LATEST UPDATE 2024/2025 QUESTIONS AND ANSWERS GRADED A+

Above-the-line promotion - correct answer Placing adverts using the media. Acid test ratio - correct answer Similar to the current ratio but excludes stocks from current assets. Sometimes called the quick ratio. Advertising - correct answer Communication between a business and its customers whereby messages are placed in the media to encourage the purchase of products. Agent or broker - correct ...

EDEXCEL IGCSE Business Studies Exam Questions & Answers 2023 Above-the-line promotion - ANSWER-Placing adverts using the media. Acid test ratio - ANSWER-Similar to the current ratio but excludes stocks from current assets. Sometimes called the quick ratio. Advertising - ANSWER-Communication between a business and its customers whereby messages are placed in the media to encourage the purchase of products. Agent or broker - ANSWER-An intermediary that brings together buyers and seller...

Cambridge IGCSE Business Studies Exam Questions with 100% Correct Answers A Need - A good or service essential for living. A want - A good or service that people would like to have, but which is not essential for living. Economic problem - Unlimited wants but limited resources - this creates scarcity. Scarcity - Lack of sufficient products to satisfy total wants of population. Opportunity Costs - The next best item given up by choosing another. Factors of production - Resources needed ...

iGCSE Business Studies Exam Study Guide with Complete Solutions Needs - Correct Answer️️ -We cannot live without these. Wants - Correct Answer️️ -They benefit us but are not necessary to live. Scarcity - Correct Answer️️ -Lack of sufficient resources. Needs (example) - Correct Answer️️ -Water, food, housing. Wants (example) - Correct Answer️️ -Soft drinks, chocolate, furniture. Opportunity Cost - Correct Answer️️ -The next best alternative. Factors of Production -...

These are the full revision notes which cover all topics required for the Cambridge IGCSE Business Studies exam. They cover all parts required by the syllabus, chapter from 1 to 6. The syllabus code is 0450. Please try these notes and good luck with your exams! I recommend them as I got A* in my Business Studies IGCSE. If you have any doubts don't hesitate in contacting me! It would be very helpful if you give a review as feedback. Thank you!